江苏华海诚科新材料股份有限公司 2023 年年度股东大会会议资料 证券代码：688535 证券简称：华海诚科 江苏华海诚科新材料股份有限公司 2024 年 4 月 2023 年年度股东大会 会议资料 | | | | 江苏华海诚科新材料股份有限公司 1 | | --- | | 2023 年年度股东大会会议须知 1 | | 江苏华海诚科新材料股份有限公司 3 | | 2023 年年度股东大会会议议程 3 | | 江苏华海诚科新材料股份有限公司 5 | | 2023 年年度股东大会会议议案 5 | | 议案一 5 | | 关于公司 2023 年度董事会工作报告的议案 5 | | 议案二 6 | | 关于公司 2023 年度监事会工作报告的议案 6 | | 议案三 7 | | 关于公司 2023 年年度报告及其摘要的议案 7 | | 议案四 8 | | 关于公司 2023 年度财务决算及 2024 年度财务预算报告的议案 8 | | 议案五 9 | | 关于公司 2023 年度利润分配的议案 9 | | 议案六 11 | | 关于修订《募集资金管理制度》的议案 11 | | 议案七 12 | | 关于修订《董事会议事 ...

证券代码：688535 证券简称：华海诚科 投资者关系活动记录表 √特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活 □新闻发布会 £路演活动 动类别 √现场参观 £电话会议 □其他 （请文字说明其他活动内容） 参与单位名称 中银国际证券、西部证券、北京鸿道投资管理、国联安基金管 理、野村东方国际证券 及人员姓名 会议时间 2024年 4月 11日10：00-12：00 会议地点 现场 ...

Investment Rating - The investment rating for the company is maintained at "Neutral" [1][34]. Core Views - The report highlights that the company has passed multiple customer assessments for its products GMC, FC, and LMC, indicating strong client validation [1][17]. - The company is positioned as a significant domestic supplier of epoxy encapsulation materials and electronic adhesives, with a focus on breaking overseas monopolies in the semiconductor packaging materials sector [9][21]. Financial Summary - Revenue for 2022 was 303 million yuan, with a decline to 283 million yuan in 2023, but projected to recover to 324 million yuan in 2024E, reflecting a year-on-year growth of 14.7% [2][3]. - Net profit decreased from 41 million yuan in 2022 to 32 million yuan in 2023, with expectations of recovery to 36 million yuan in 2024E, showing a growth of 14.7% [2][3]. - The company’s EPS is projected to increase from 0.39 yuan in 2023 to 0.45 yuan in 2024E [2][3]. Product and Market Insights - The company’s main products include epoxy encapsulation materials and electronic adhesives, with a significant focus on the advanced packaging sector [9][19]. - Revenue from epoxy encapsulation materials is expected to grow at a rate of 12.7% in 2024E, followed by 17.6% in 2025E and 2026E [9][20]. - The electronic adhesive segment is projected to see substantial growth, with expected increases of 37.8% in 2024E and 48.4% in both 2025E and 2026E [19][20]. Valuation and Market Position - The report estimates the company's reasonable market value range to be between 32.66 billion yuan and 36.29 billion yuan, translating to a per-share value of 40.48 yuan to 44.97 yuan [21][34]. - The company is expected to maintain a competitive edge in the domestic market due to its innovative capabilities and product offerings [9][21].

Investment Rating - The report maintains an "Accumulate" rating for Huahai Chengke (688535.SH) [8] Core Views - The company experienced a revenue decline of 6.70% year-on-year in 2023, with total revenue of 283 million yuan and a net profit attributable to shareholders of 31.64 million yuan, down 23.26% year-on-year [8][24] - High R&D investment has pressured the company's overall performance, but revenue and capacity utilization have shown a quarterly recovery since Q2 2023 [8][24] - The company is positioned as a leading domestic manufacturer of epoxy molding compounds, with a focus on advanced packaging materials, and is expected to benefit from the acceleration of domestic substitution processes [24] Financial Forecasts and Valuation Data - Revenue forecasts for 2024 to 2026 are adjusted to 351 million yuan, 442 million yuan, and 530 million yuan, with growth rates of 24.2%, 25.7%, and 20.0% respectively [24] - Net profit forecasts for the same period are 46 million yuan, 65 million yuan, and 84 million yuan, with growth rates of 44.4%, 41.8%, and 29.6% respectively [24] - The company’s P/E ratios are projected to be 118.8, 83.8, and 64.7 for 2024, 2025, and 2026 respectively [24][25]

Investment Rating - The report assigns a "Buy" rating to the company, expecting a relative increase of over 15% in stock price compared to the benchmark index over the next 6 to 12 months [13]. Core Insights - The company has shown resilience in a challenging market, with a slight revenue decline of 6.7% year-on-year in 2023, achieving approximately 283 million in revenue [11][12]. - The net profit for 2023 was approximately 31.64 million, reflecting a significant year-on-year decrease of 23.26% [11]. - The company is focusing on advanced packaging materials, with products like GMC and bottom filling glue expected to see increased production [11][12]. - The report highlights the company's strong R&D efforts, particularly in advanced packaging, which is anticipated to drive future growth [11]. Financial Summary - Revenue for 2023 was approximately 283 million, with a projected increase to 345 million in 2024, representing a growth rate of 22% [11]. - The net profit is expected to recover to approximately 51.78 million in 2024, indicating a growth rate of 64% compared to 2023 [11]. - The gross margin for 2023 was reported at 26.88%, with a slight decrease of 0.13 percentage points year-on-year [11]. - The company’s total assets are projected to grow from 1,230 million in 2023 to 1,320 million in 2024 [16]. Market Position - The company is positioned as a leader in epoxy encapsulation materials in China, with a focus on high-barrier and difficult-to-validate advanced packaging products, which are expected to provide growth elasticity and scarcity in the market [11].

Financial Performance - The proposed cash dividend for 2023 is RMB 3.00 per 10 shares, totaling RMB 24,208,935.90, which represents 76.52% of the net profit attributable to shareholders[5]. - The company has not achieved profitability since its listing[4]. - The annual profit distribution plan has been approved by the board and will be submitted for shareholder approval[5]. - The company's operating revenue for 2023 was CNY 282.90 million, a decrease of 6.70% compared to CNY 303.22 million in 2022[23]. - Net profit attributable to shareholders for 2023 was CNY 31.64 million, down 23.26% from CNY 41.23 million in 2022[23]. - Basic earnings per share for 2023 were CNY 0.42, a decrease of 38.24% from CNY 0.68 in 2022[24]. - The company's total assets reached CNY 1.23 billion at the end of 2023, an increase of 143.32% from CNY 505.71 million at the end of 2022[23]. - The company reported a non-recurring loss of RMB 13,476.81 in asset disposal for 2023[27]. - The total non-recurring profit for the year was RMB 4,241,954.29, down from RMB 6,043,269.85 in 2022[28]. - The company’s net profit attributable to shareholders increased significantly to CNY 1.03 billion at the end of 2023, up 171.17% from CNY 378.83 million at the end of 2022[23]. Revenue Growth and Projections - The company reported a significant increase in revenue for the fiscal year 2023, reaching RMB 1.2 billion, representing a growth of 25% year-over-year[16]. - User data indicates a 30% increase in active users, totaling 500,000 users by the end of 2023[16]. - The company projects a revenue growth of 20% for the next fiscal year, aiming for RMB 1.44 billion[16]. - New product launches are expected to contribute an additional RMB 200 million in revenue, with a focus on advanced packaging technologies[16]. - The company is expanding its market presence in Southeast Asia, targeting a 15% market share by 2025[16]. Research and Development - Research and development expenses increased by 10%, totaling RMB 150 million, to enhance product innovation[16]. - The R&D expenditure as a percentage of operating revenue increased to 8.71% in 2023, up from 6.03% in 2022, reflecting a focus on innovation[24]. - The company achieved a 34.77% increase in R&D expenses, totaling ¥24,644,060.20 compared to ¥18,285,883.79 in the previous year[57]. - The company is focusing on technological and product innovation in the semiconductor packaging materials sector to maintain competitive advantages[33]. - The company has developed various models of packaging materials for advanced packaging applications, enhancing its technological capabilities through collaboration with domestic universities[35]. Market and Competitive Landscape - The semiconductor materials market is experiencing growth driven by demand from sectors such as 5G, AI, and electric vehicles[32]. - The global advanced packaging market is projected to grow from $44.3 billion in 2022 to $78.6 billion by 2028, with a compound annual growth rate (CAGR) of 10.6%, significantly outpacing traditional packaging growth[51]. - The company’s epoxy encapsulant holds approximately 90% market share in the semiconductor packaging materials market, but its overall market share is still below 5% compared to foreign leading manufacturers[86]. - The company is experiencing competitive pressure from foreign manufacturers who dominate the high-end packaging materials market, affecting its market share and financial performance[84]. Risk Factors - The company has described potential risks in the "Management Discussion and Analysis" section, specifically in the "Risk Factors" part[4]. - The company faces risks related to the slow pace of product validation and the need to meet stringent customer requirements, which could impact revenue growth[80]. - The company is aware of the potential risks associated with customer acquisition, as the long validation periods for new products can hinder market expansion[83]. - The company is exposed to financial risks, including accounts receivable collection risks and fluctuations in gross profit margins[89][90]. - Changes in tax incentive policies could adversely affect the company's operating performance if it loses its high-tech enterprise status[91]. Corporate Governance - The company has established a comprehensive governance structure, including a board of directors with 7 members, 3 of whom are independent directors, ensuring effective decision-making[140]. - The company emphasizes compliance and safety in its operations, aiming for zero accidents while enhancing management processes[137]. - The company has implemented a robust investor relations management system to ensure effective communication with shareholders and protect their rights[142]. - The company has established a stable and scientific return mechanism for investors, balancing shareholder interests with funding needs for sustainable development[170]. Environmental and Social Responsibility - The company has established an environmental protection management system and has obtained ISO14001 certification[192]. - The company emphasizes energy conservation and has implemented measures such as using clean energy and optimizing equipment to reduce energy consumption[190]. - The company actively engages in ESG management, integrating it into overall strategic planning and performance monitoring[185]. - The company has not reported any environmental accidents during the reporting period, reflecting its commitment to environmental responsibility[195].

江苏华海诚科新材料股份有限公司 2023 年度审计报告 www.zhcpa.cn 中国杭州市线江新城新业路8号UDC时代大厦A座5-8层、12层、23层 Floors 5-8, 12 and 23, Block A. UDC Times Building No 8 Xinye Road, Quanj ang New City, Hangzhou. Tall 0571-88879999 Fax 0571-88879000 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://ac.mof.gov.cn）"进行整治 " 中汇会审[2024]2658号 江苏华海诚科新材料股份有限公司全体股东: 一、审计意见 我们审计了江苏华海诚科新材料股份有限公司(以下简称华海诚科公司)财务 报表,包括2023年12月31日的合并及母公司资产负债表,2023年度的合并及母公 司利润表、合并及母公司现金流量表、合并及母公司所有者权益变动表以及财务 报表附注。 审计报告 目 s w | | 页 次 | | --- | --- | | 一、审计报告 | 1-5 | | 二、财务报表 | 6-17 | | (一) 合并资 ...

江苏华海诚科新材料股份有限公司 募集资金管理制度 第一章总则 第一条 为进一步规范江苏华海诚科新材料股份有限公司（下称"公司"）募 集资金的使用与管理，提高募集资金使用效益，保护投资者的合法权益，根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司监管指引第 2 号—— 上市公司募集资金管理和使用的监管要求》《上海证券交易所科创板股票上市规 则》《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等法 律、法规及规范性文件以及《江苏华海诚科新材料股份有限公司股份有限公司章 程》（以下简称《公司章程》）的有关规定，并结合公司的实际情况，特制定本制 度。 第二条 本制度所称募集资金系指公司通过向不特定对象发行证券（包括首 次公开发行股票、配股、增发、发行可转换公司债券、发行分离交易的可转换公 司债券等）以及向特定对象发行证券募集的资金，但不包括公司实施股权激励计 划募集的资金。 第三条 募集资金到位后，公司应及时办理验资手续，由具有证券从业资格 的会计师事务所出具验资报告。 第四条 公司必须按发行申请文件中承诺的募集资金投向和股东大会、董事 会决议及审批程序使用募集资金，并按要求披露募集 ...

证券代码：688535 证券简称：华海诚科 公告编号：2024-014 江苏华海诚科新材料股份有限公司 关于召开 2023 年年度股东大会的通知 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 一、 召开会议的基本情况 （一） 股东大会类型和届次 2023 年年度股东大会 召开日期时间：2024 年 4 月 22 日 14 点 00 分 召开地点：江苏华海诚科新材料股份有限公司 308 会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2024 年 4 月 22 日 至 2024 年 4 月 22 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 股东大会召开日期：2024年4月22日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 （二） 股东大会召集人：董事会 （三） 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 （四） 现场会议召开的日期、时间和地点 东大会 ...

2023年度独立董事述职报告 本人（陈建忠）作为江苏华海诚科新材料股份有限公司（以下简称"公司"） 的独立董事，2023 年度严格按照《中华人民共和国公司法》（以下简称"《公司 法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公 司独立董事管理办法》《上海证券交易所科创板股票上市规则》等法律法规及《江 苏华海诚科新材料股份有限公司章程》（以下简称"《公司章程》"）、《江苏 华海诚科新材料股份有限公司独立董事工作制度》（以下简称"《独立董事工作 制度》"）的有关规定，诚实、勤勉、独立地履行独立董事职责，积极出席相关 会议，认真审议董事会各项议案，对公司重大事项发表了独立、客观、公正的独 立意见，切实维护公司和全体股东的合法权益，促进公司规范运作，充分发挥了 独立董事的独立作用。现将本人 2023 年度履行独立董事职责的情况报告如下： 一、独立董事的基本情况 （一） 独立董事人员情况 公司董事会由 7 名董事组成，其中独立董事 3 人，占董事会人数三分之一以 上，符合相关法律法规及公司制度的规定。 （二） 个人工作履历、专业背景以及兼职情况 陈建忠先生，1962年11月出生，中国国籍，无境外永 ...